Amazon Officially Announced Itself As A Competitor To FedEx, UPS

Amazon is the figurehead for the supply chain revolution that has caused a boom in industrial real estate, and it is still growing its influence. In its annual 10-K filing with the Securities and Exchange Commission, Amazon added transportation and logistics companies to its list of competition in 2018, CNBC reports. It is the first time Amazon has named shipping and logistics as a moneymaking element of its company. MORE>>